concession
/kənˈsɛʃən/
noun
- 1
The act of conceding.
- 2
An act of conceding, particularly:
- 3
A gift freely given or act freely made as a token of respect or to curry favor.
- 4
A franchise: a business operated as a concession (see above).
- 5
(usually in the plural) An item sold within a concession (see above) or from a concessions stand.
- 6
A person eligible for a concession price (see above).
verb
- 1
To grant or approve by means of a concession agreement.
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